The Biomass Gasification Market size was valued at USD 31.58 Million in 2023 and is expected to grow to USD 64.33 Million by 2031 and grow at a CAGR of 9.3% over the forecast period of 2024-2031.
Biomass gasification is a process that converts organic materials, such as wood, agricultural waste, and municipal solid waste, into a gas that can be used for energy production. This gas, called syngas, is a mixture of carbon monoxide, hydrogen, and other gases. The process of biomass gasification involves heating the organic material in a low-oxygen environment, which causes it to break down into its component gases. These gases can then be burned to produce heat or electricity, or they can be further processed to produce liquid fuels such as ethanol or diesel.
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Biomass gasification is a promising technology for producing renewable energy from waste materials. It has the potential to reduce greenhouse gas emissions and provide a sustainable source of energy. However, there are still challenges to be overcome in terms of cost and efficiency. The market for biomass gasification is driven by a number of factors, including the increasing demand for renewable energy sources, the need to reduce greenhouse gas emissions, and the desire to reduce dependence on fossil fuels. As a result, the industry is expected to continue to grow in the coming years, with new technologies and innovations driving further advancements in the field.
Drivers
Increasing demand for renewable energy sources
Rising need to curb the carbon footprints
Abundance of biomass feedstocks
The growing demand for renewable energy sources is the primary driving force behind the biomass gasification market. This trend is fueled by a global push towards reducing carbon emissions and transitioning towards sustainable energy solutions. Biomass gasification offers a promising alternative to traditional fossil fuels, as it is both renewable and carbon-neutral. As the world continues to prioritize sustainability and environmental responsibility, the biomass gasification market is poised for significant growth in the coming years.
Restrain
High capital cost of building and operating a gasification plant
The high capital costs associated with constructing and operating a gasification plant pose a significant challenge for the biomass gasification market. This means that the initial investment required to establish a gasification plant is substantial, and ongoing operational expenses can also be quite significant. Gasification plants require specialized equipment and infrastructure to convert biomass into usable energy. This equipment can be expensive to purchase and maintain, and the process of building a gasification plant can be complex and time-consuming. Additionally, the cost of sourcing and transporting biomass feedstocks can also be a significant expense.
Opportunities
Development of new technologies, such as advanced gasification systems and biomass-to-liquid fuels
Growing demand for biofuels and bioproducts
Challenges
Lack of infrastructure for transporting and storing biomass feedstocks
The war has disrupted the supply chain of biomass feedstocks, causing a shortage of raw materials for gasification. This has led to an increase in prices and a decrease in the availability of biomass feedstocks. Additionally, the conflict has caused political instability in the region, which has made it difficult for companies to invest in and develop new biomass gasification projects. More details are comprised in the final report.
Impact of Recession:
One of the main reasons for the decline in the demand for biomass gasification is the reduced availability of funding for biomass gasification projects. With many investors and financial institutions tightening their belts, it has become increasingly difficult for companies in this market to secure the necessary capital to fund their operations. Another factor contributing to the decline in demand for biomass gasification is the reduced demand for energy overall. As businesses and consumers alike cut back on their energy consumption in an effort to save money, the demand for alternative energy sources like biomass gasification has decreased.
By Source
Agricultural Waste
Animal Waste
Forest Waste
Municipal Waste
By Gasifier Technology
Fluidized Bed Gasifier
Entrained Flow Gasifier
Fixed Bed Gasifier
Others
By Application
Chemical
Transportation Fuel
Power Generation
Ethanol
Hydrogen Generation
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Europe is expected to grow as a leader in the biomass gasification market. This is due to the region's strong commitment to renewable energy, favorable government policies, and a robust infrastructure for biomass production and distribution. One of the key drivers of Europe's leadership in this field is its ambitious renewable energy targets. The European Union has set a goal of producing 21% of its energy from renewable sources by 2020, and biomass is expected to play a major role in achieving this target. Another factor contributing to Europe's strength in the biomass gasification market is its well-developed infrastructure for biomass production and distribution. The region has a long history of using biomass for energy and has invested heavily in technologies and processes to make biomass more efficient and cost-effective. This has led to the development of a robust supply chain for biomass, with many companies specializing in the production, transportation, and processing of biomass feedstocks.
The Asia Pacific region has emerged as the fastest-growing market for biomass gasification due to the region's abundant supply of biomass resources, coupled with the increasing demand for renewable energy, which has led to a surge in the adoption of biomass gasification technology. Additionally, the region's favorable government policies and initiatives to promote clean energy have further propelled the growth of the market. Furthermore, the Asia Pacific region's rapid industrialization and urbanization have resulted in a significant increase in energy consumption, leading to a greater need for sustainable energy sources. In 2021, the Asia Pacific region consumed a total of 273.45 exajoules of primary energy, marking a significant increase of over 7% from the previous year. Biomass gasification offers a viable solution to this challenge, as it provides a reliable and cost-effective source of renewable energy. As a result, the Asia Pacific region is expected to witness substantial growth in the biomass gasification market during the forecasted period. This growth is attributed to the region's increasing focus on reducing carbon emissions and achieving energy security, which has led to greater investment in renewable energy sources.
REGIONAL COVERAGE:
North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
South Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of the Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
The major players are Bellwether Recuperative Gasification Ltd., Valmet, Shanghai Haiqi Environmental Protection Technology Co. Ltd., Synthesis Energy Systems Inc., ThyssenKrupp AG, Infinite Energy Pvt. Ltd., Chanderpur Group, EQTEC PLC, Syntech Bioenergy LLC, Enersol Biopower Private Limited, and other players.
| Report Attributes | Details |
| Market Size in 2023 | US$ 31.58 Mn |
| Market Size by 2031 | US$ 64.33 Mn |
| CAGR | CAGR of 9.3 % From 2024 to 2031 |
| Base Year | 2023 |
| Forecast Period | 2024-2031 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Source (Agricultural Waste, Animal Waste, Forest Waste, and Municipal Waste) • By Gasifier Technology (Fluidized Bed Gasifier, Entrained Flow Gasifier, Fixed Bed Gasifier, and Others) • By Application (Chemical, Transportation Fuel, Power Generation, Ethanol, and Hydrogen Generation) |
| Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
| Company Profiles | Bellwether Recuperative Gasification Ltd., Valmet, Shanghai Haiqi Environmental Protection Technology Co. Ltd., Synthesis Energy Systems Inc., ThyssenKrupp AG, Infinite Energy Pvt. Ltd., Chanderpur Group, EQTEC PLC, Syntech Bioenergy LLC, Enersol Biopower Private Limited |
| Key Drivers | • Increasing demand for renewable energy sources • Rising need to curb the carbon footprints • Abundance of biomass feedstocks |
| Market Opportunities | • Development of new technologies, such as advanced gasification systems and biomass-to-liquid fuels • Growing demand for biofuels and bioproducts |
Ans: The expected CAGR of the global Biomass Gasification Market during the forecast period is 9.3%.
Ans: The market size of the Biomass Gasification Market is USD 31.58 million in 2023.
Ans: The major key players in the Biomass Gasification Market are Bellwether Recuperative Gasification Ltd., Valmet, Shanghai Haiqi Environmental Protection Technology Co. Ltd., Synthesis Energy Systems Inc., ThyssenKrupp AG, Infinite Energy Pvt. Ltd., Chanderpur Group, EQTEC PLC, Syntech Bioenergy LLC, and Enersol Biopower Private Limited.
Ans: Europe region dominated the Biomass Gasification Market.
Ans: Increasing demand for renewable energy sources, the rising need to reduce greenhouse gas emissions, and the abundance of biomass feedstocks are the driving factors of the Biomass Gasification Market.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 Impact of the Russia-Ukraine War
4.2 Impact of Ongoing Recession
4.2.1 Introduction
4.2.2 Impact on major economies
4.2.2.1 US
4.2.2.2 Canada
4.2.2.3 Germany
4.2.2.4 France
4.2.2.5 United Kingdom
4.2.2.6 China
4.2.2.7 Japan
4.2.2.8 South Korea
4.2.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Biomass Gasification Market Segmentation, By Source
8.1 Agricultural Waste
8.2 Animal Waste
8.3 Forest Waste
8.4 Municipal Waste
9. Biomass Gasification Market Segmentation, By Gasifier Technology
9.1 Fluidized Bed Gasifier
9.2 Entrained Flow Gasifier
9.3 Fixed Bed Gasifier
9.4 Others
10. Biomass Gasification Market Segmentation, By Application
10.1 Chemical
10.2 Transportation Fuel
10.3 Power Generation
10.4 Ethanol
10.5 Hydrogen Generation
11. Regional Analysis
11.1 Introduction
11.2 North America
11.2.1 North America Biomass Gasification Market by Country
11.2.2North America Biomass Gasification Market by Source
11.2.3 North America Biomass Gasification Market by Gasifier Technology
11.2.4 North America Biomass Gasification Market by Application
11.2.5 USA
11.2.5.1 USA Biomass Gasification Market by Source
11.2.5.2 USA Biomass Gasification Market by Gasifier Technology
11.2.5.3 USA Biomass Gasification Market by Application
11.2.6 Canada
11.2.6.1 Canada Biomass Gasification Market by Source
11.2.6.2 Canada Biomass Gasification Market by Gasifier Technology
11.2.6.3 Canada Biomass Gasification Market by Application
11.2.7 Mexico
11.2.7.1 Mexico Biomass Gasification Market by Source
11.2.7.2 Mexico Biomass Gasification Market by Gasifier Technology
11.2.7.3 Mexico Biomass Gasification Market by Application
11.3 Europe
11.3.1 Europe Biomass Gasification Market by Country
11.3.2 Europe Biomass Gasification Market by Source
11.3.3 Europe Biomass Gasification Market by Gasifier Technology
11.3.4Europe Biomass Gasification Market by Application
11.3.5Germany
11.3.5.1 Germany Biomass Gasification Market by Source
11.3.5.2 Germany Biomass Gasification Market by Gasifier Technology
11.3.5.3 Germany Biomass Gasification Market by Application
11.3.6 UK
11.3.6.1 UK Biomass Gasification Market by Source
11.3.6.2 UK Biomass Gasification Market by Gasifier Technology
11.3.6.3 UK Biomass Gasification Market by Application
11.3.7 France
11.3.7.1 France Biomass Gasification Market by Source
11.3.7.2 France Biomass Gasification Market by Gasifier Technology
11.3.7.3 France Biomass Gasification Market by Application
11.3.8 Italy
11.3.8.1 Italy Biomass Gasification Market by Source
11.3.8.2 Italy Biomass Gasification Market by Gasifier Technology
11.3.8.3 Italy Biomass Gasification Market by Application
11.3.9 Spain
11.3.9.1 Spain Biomass Gasification Market by Source
11.3.9.2 Spain Biomass Gasification Market by Gasifier Technology
11.3.9.3 Spain Biomass Gasification Market by Application
11.3.10 The Netherlands
11.3.10.1 Netherlands Biomass Gasification Market by Source
11.3.10.2 Netherlands Biomass Gasification Market by Gasifier Technology
11.3.10.3 Netherlands Biomass Gasification Market by Application
11.3.11 Rest of Europe
11.3.11.1 Rest of Europe Biomass Gasification Market by Source
11.3.11.2 Rest of Europe Biomass Gasification Market by Gasifier Technology
11.3.11.3 Rest of Europe Biomass Gasification Market by Application
11.4 Asia-Pacific
11.4.1 Asia Pacific Biomass Gasification Market by Country
11.4.2Asia Pacific Biomass Gasification Market by Source
11.4.3 Asia Pacific Biomass Gasification Market by Gasifier Technology
11.4.4 Asia Pacific Biomass Gasification Market by Application
11.4.5 Japan
11.4.5.1 Japan Biomass Gasification Market by Source
11.4.5. 2Japan Biomass Gasification Market by Gasifier Technology
11.4.5. 3Japan Biomass Gasification Market by Application
11.4.6 South Korea
11.4.6.1 South Korea Biomass Gasification Market by Source
11.4.6.2. South Korea Biomass Gasification Market by Gasifier Technology
11.4.6.3. South Korea Biomass Gasification Market by Application
11.4.7China
11.4.7.1 China Biomass Gasification Market by Source
11.4.7.2. China Biomass Gasification Market by Gasifier Technology
11.4.7.3. China Biomass Gasification Market by Application
11.4.8 India
11.4.8.1 India Biomass Gasification Market by Source
11.4.8.2. India Biomass Gasification Market by Gasifier Technology
11.4.8.3 India Biomass Gasification Market by Application
11.4.9Australia
11.4.8.1 Australia Biomass Gasification Market by Source
11.4.8.2. Australia Biomass Gasification Market by Gasifier Technology
11.4.8.3. Australia Biomass Gasification Market by Application
11.4.10Rest of Asia-Pacific
11.4.10.1 APAC Biomass Gasification Market by Source
11.4.10.2. APAC Biomass Gasification Market by Gasifier Technology
11.4.10.3. APAC Biomass Gasification Market by Application
11.5 The Middle East & Africa
11.5.1 The Middle East & Africa Biomass Gasification Market by Country
11.5.2 The Middle East & Africa Biomass Gasification Market by Source
11.5.3The Middle East & Africa Biomass Gasification Market by Gasifier Technology
11.5.4The Middle East & Africa Biomass Gasification Market by Application
11.5.5Israel
11.5.5.1 Israel Biomass Gasification Market by Source
11.5.5.2 Israel Biomass Gasification Market by Gasifier Technology
11.5.5.3 Israel Biomass Gasification Market by Application
11.5.6 UAE
11.5.6.1 UAE Biomass Gasification Market by Source
11.5.6.2 Israel Biomass Gasification Market by Gasifier Technology
11.5.6.3 Israel Biomass Gasification Market by Application
11.5.7South Africa
11.5.7.1 South Africa Biomass Gasification Market by Source
11.5.7.2 South Africa Biomass Gasification Market by Gasifier Technology
11.5.7.3 South Africa Biomass Gasification Market by Application
11.5.8 Rest of Middle East & Africa
11.5.8.1 Rest of Middle East & Asia Biomass Gasification Market by Source
11.5.8.2 Rest of Middle East & Asia Biomass Gasification Market by Gasifier Technology
11.5.8.3 Rest of Middle East & Asia Biomass Gasification Market by Application
11.6 Latin America
11.6.1 Latin America Biomass Gasification Market by Country
11.6.2. Latin America Biomass Gasification Market by Source
11.6.3 Latin America Biomass Gasification Market by Gasifier Technology
11.6.4 Latin America Biomass Gasification Market by Application
11.6.5 Brazil
11.6.5.1 Brazil Biomass Gasification Market by Source
11.6.5.2 Brazil Biomass Gasification Market by Gasifier Technology
11.6.5.3Brazil Biomass Gasification Market by Application
11.6.6Argentina
11.6.6.1 Argentina Biomass Gasification Market by Source
11.6.6.2 Argentina Biomass Gasification Market by Gasifier Technology
11.6.6.3 Argentina Biomass Gasification Market by Application
11.6.7Rest of Latin America
11.6.7.1 Rest of Latin America Biomass Gasification Market by Source
11.6.7.2 Rest of Latin America Biomass Gasification Market by Gasifier Technology
11.6.7.3Rest of Latin America Biomass Gasification Market by Application
12 Company Profile
12.1 Bellwether Recuperative Gasification Ltd.
12.1.1 Market Overview
12.1.2 Financials
12.1.3 Product/Services/Offerings
12.1.4 SWOT Analysis
12.1.5 The SNS View
12.2 Valmet
12.2.1 Market Overview
12.2.2 Financials
12.2.3 Product/Services/Offerings
12.2.4 SWOT Analysis
12.2.5 The SNS View
12.3 Shanghai Haiqi Environmental Protection Technology Co. Ltd.
12.3.1 Market Overview
12.3.2 Financials
12.3.3 Product/Services/Offerings
12.3.4 SWOT Analysis
12.3.5 The SNS View
12.4 Synthesis Energy Systems Inc.
12.4.1 Market Overview
12.4.2 Financials
12.4.3 Product/Services/Offerings
12.4.4 SWOT Analysis
12.4.5 The SNS View
12.5 ThyssenKrupp AG
12.5.1 Market Overview
12.5.2 Financials
12.5.3 Product/Services/Offerings
12.5.4 SWOT Analysis
12.5.5 The SNS View
12.6 Infinite Energy Pvt. Ltd
12.6.1 Market Overview
12.6.2 Financials
12.6.3 Product/Services/Offerings
12.6.4 SWOT Analysis
12.6.5 The SNS View
12.7 Chanderpur Group
12.7.1 Market Overview
12.7.2 Financials
12.7.3 Product/Services/Offerings
12.7.4 SWOT Analysis
12.7.5 The SNS View
12.8 EQTEC PLC
12.8.1 Market Overview
12.8.2 Financials
12.8.3 Product/Services/Offerings
12.8.4 SWOT Analysis
12.8.5 The SNS View
12.9 Syntech Bioenergy LLC
12.9.1 Market Overview
12.9.2 Financials
12.9.3 Product/Services/Offerings
12.9.4 SWOT Analysis
12.9.5 The SNS View
12.10 Enersol Biopower Private Limited
12.10.1 Market Overview
12.10.2 Financials
12.10.3 Product/Services/Offerings
12.10.4 SWOT Analysis
12.10.5 The SNS View
13. Competitive Landscape
13.1 Competitive Benchmarking
13.2 Market Share Analysis
13.3 Recent Developments
14. Use Cases and Best Practices
15. Conclusion
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